Skirting Mansion tax?

Categories: Taxes

Here’s a question: if you are going to buy a place for say $1,020,000, is it possible to pay the $20,001 that you are over the million mark to the seller separately, so that the purchase price can be declared $999,999, thereby skipping the mansion tax? Just a thought…

By | 08/09/2006 10:27 AM